WS #13677
No material new developments in the last 30 minutes. The Strait of Hormuz crisis narrative remains stable-to-de-escalating with the US diplomatic off-ramp and Iran-Oman shipping deal talks still the dominant counter-signal. No new data points, counter-signals, or non-dominant-narrative developments have emerged that would alter the previous assessment.
Topics
Key developments
- Iran and Oman 'very close' to Hormuz shipping deal; US expects oil flows to resume
- UAE confirms Iranian missile strike on ADNOC tanker in Strait of Hormuz
- US VP Vance says expects oil/gas flows to return to pre-conflict levels
- US Senate passes broad Russia sanctions allowing 100% tariffs on oil buyers
- Amazon invests in 7.65 GW Texas gas plant for AI data centers
- Apple and OpenAI escalate trade secret lawsuit
- Microsoft discloses $24.1B revenue from OpenAI, ~70% of AI business
- JPMorgan sees gold reaching $5,000/oz by Q4